In 2012, which of the following countries had the highest share of investment spending in GDP?
A) China B) France C) the United States D) Germany
A
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When is a firm more likely to engage in excessively risky behaviors, when business is well, or when it is facing financial distress?
What will be an ideal response?
Giving presents at Christmas does NOT generate a deadweight loss if
A) all gifts are money. B) everybody gets exactly want she wants. C) nobody can be made better off by returning the gift and purchasing a different one. D) All of the above.
The percentage of families with incomes below the poverty line
a. is defined as the 10 percent of U.S.households with the lowest incomes. b. is known as the poverty rate. c. is known as the unemployment rate. d. rises as the general income level rises.
The payoff matrix shows the outcome for only one player in a game situation.
Answer the following statement true (T) or false (F)